The wealthy Middle Eastern families who want their daughters to inherit more | Financial Times:
When the founder of an immensely successful family business in Kuwait passed leaving no will or foundation to manage his wealth, his estate and business were distributed to his wife, three sons and daughter according to the inheritance principles set forth by Sharia law.
His daughter had worked with him, while his sons had not been involved. Despite the expertise that made her an obvious candidate to take over the business operations, the application of the distribution law meant that she received just one small share of the business, while her brothers collectively received the vast majority. Jealous of their sister’s relationship with their father, her brothers quickly voted her out of the business.
“They ran it into the ground,” says Mahmoud Selim, a lawyer with Pinsent Masons in Dubai and Islamic law scholar. “That’s a typical example. There were no protections for her.”
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